Straco Q4 profit surges 79% to $5.6m

Singapore

MORE visitors at the Shanghai aquarium of Straco Corp resulted in the tourism operator recording net profit of $5.6 million for its fourth quarter ended Dec 31, 2013, up 79 per cent from $3.2 million a year ago.

Revenue was up 32 per cent at $14.6 million, boosted by more visitors to the company's flagship Shanghai Ocean Aquarium. Combined visitor numbers for the quarter to the Shanghai aquarium …